The flip side of low grade, is leverage to gold price.
One can make a very strong case for it relative to financial assets at present.
Further, I doubt they'd be talking about a PEA if the IRR oF NTA was particularly insipid.
Although to be fair, I don't even know if there'll be enough information released to quote those metrics or if the TSX will allow it at the early level of certainty.
XAM Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)